8 Firms Form Alliance for Self-Driving Auto Development

Economy

New York, Oct. 8 (Jiji Press)--Eight Japanese, U.S. and European companies said Tuesday that they have established a business alliance to work on computer system development related to self-driving vehicles.

The Autonomous Vehicle Computing Consortium, which includes Japan's Toyota Motor Corp. <7203>, U.S. auto giant General Motors Co. and British semiconductor designer ARM Holdings PLC, affiliated with Softbank Group Corp. <9984>, hopes to accelerate the commercialization of self-driving vehicles by putting together their expertise and technologies.

The remaining five members are Japanese auto parts maker Denso Corp. <6902>, Germany's Robert Bosch GmbH and Continental AG, U.S. chipmaker Nvidia Corp. and the Netherlands' NXP Semiconductors NV.

The consortium will set the basic design of self-driving vehicle systems and prepare an environment for companies to develop related products.

It will first aim to unify vehicle sizes, electricity consumption and safety standards.

[Copyright The Jiji Press, Ltd.]

Jiji Press